EDENTREE ASSET MANAGEMENT Ltd raised its stake in Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) by 16.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 164,008 shares of the semiconductor company’s stock after acquiring an additional 23,708 shares during the quarter. Lattice Semiconductor makes up approximately 2.2% of EDENTREE ASSET MANAGEMENT Ltd’s investment portfolio, making the stock its 19th largest position. EDENTREE ASSET MANAGEMENT Ltd owned 0.12% of Lattice Semiconductor worth $8,027,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Summit Securities Group LLC bought a new position in Lattice Semiconductor in the 1st quarter valued at approximately $32,000. Farther Finance Advisors LLC grew its stake in shares of Lattice Semiconductor by 89.8% during the second quarter. Farther Finance Advisors LLC now owns 879 shares of the semiconductor company’s stock worth $43,000 after buying an additional 416 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in shares of Lattice Semiconductor by 68.3% during the second quarter. Hantz Financial Services Inc. now owns 1,035 shares of the semiconductor company’s stock worth $51,000 after buying an additional 420 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new position in shares of Lattice Semiconductor in the 2nd quarter valued at $71,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Lattice Semiconductor by 242.1% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,454 shares of the semiconductor company’s stock valued at $76,000 after acquiring an additional 1,029 shares in the last quarter. 98.08% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on the company. Rosenblatt Securities upped their target price on Lattice Semiconductor from $72.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Raymond James Financial reiterated an “outperform” rating and issued a $80.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, November 4th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Lattice Semiconductor in a research report on Monday. Jefferies Financial Group raised shares of Lattice Semiconductor to a “strong-buy” rating in a report on Tuesday, October 28th. Finally, Wall Street Zen raised shares of Lattice Semiconductor from a “hold” rating to a “buy” rating in a research note on Friday, November 28th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $77.58.
Insider Buying and Selling
In other Lattice Semiconductor news, SVP Pravin Desale sold 5,708 shares of the stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $69.93, for a total transaction of $399,160.44. Following the transaction, the senior vice president directly owned 105,913 shares in the company, valued at approximately $7,406,496.09. This represents a 5.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Ford Tamer acquired 10,000 shares of the stock in a transaction dated Friday, November 7th. The stock was bought at an average price of $61.95 per share, with a total value of $619,500.00. Following the purchase, the chief executive officer directly owned 10,000 shares in the company, valued at $619,500. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold 11,741 shares of company stock valued at $830,002 over the last 90 days. Company insiders own 1.80% of the company’s stock.
Lattice Semiconductor Stock Up 0.6%
Shares of NASDAQ LSCC opened at $78.41 on Thursday. The company has a market capitalization of $10.73 billion, a PE ratio of 392.07, a P/E/G ratio of 10.37 and a beta of 1.73. Lattice Semiconductor Corporation has a twelve month low of $34.69 and a twelve month high of $81.23. The firm has a fifty day simple moving average of $69.95 and a 200 day simple moving average of $61.88.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last issued its quarterly earnings results on Monday, November 3rd. The semiconductor company reported $0.28 EPS for the quarter, meeting analysts’ consensus estimates of $0.28. Lattice Semiconductor had a net margin of 5.50% and a return on equity of 4.73%. The business had revenue of $133.35 million for the quarter, compared to analysts’ expectations of $133.03 million. During the same quarter in the prior year, the firm posted $0.24 earnings per share. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. Lattice Semiconductor has set its Q4 2025 guidance at 0.300-0.340 EPS. As a group, equities analysts expect that Lattice Semiconductor Corporation will post 0.65 earnings per share for the current fiscal year.
Lattice Semiconductor Company Profile
Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products.
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